increases in total factor productivity (TFP) can generate sustained increases in per capita output
growth because increasing
A) TFP does not cause diminishing returns
B) TFP lowers the capital stock
C) TFP lowers human capital
D) TFP increases the population
Question 9
Between 1980 and 2017,
A) both China and India experienced increased standards of living
B) India experienced increased standards of living but China did not
C) Neither India nor China experienced increased standards of living
D) China experienced increased standards of living but India did not
